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  1. New overdue taxes increase by 811 mln in July, total stock at 90.4 bln

    EconomyMacroeconomy

    125,000 from the previous month to 4.13 mln in July from 4 million in June. The aggregate figure displays... stood at 27.62 billion in the 7-month period meaning that for every almost 4 billion of collected

    12%

  2. Greece’s embattled commercial steel market industry braced for more challenges
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    in the same period.[4] This August, Chinese steel exports fell to their lowest in six months, going...-kales-prooptikes.html [4] http://www.wsj.com/articles/china-faces-new-pressure-from-eu-to-curb-steel

    12%

  3. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    and expenditure interventions that are expected to yield almost 4 billion euros in 2016-17, of which... on energy products (440 million) 4) Increase in the VAT rate from 23 to 24 percent (218 million) 5

    12%

  4. Broadly stable rate in time deposits, corporate loan rates fall in Aug

    EconomyMacroeconomy

    . Lower decreases of 19 and 4 bps were recorded for amounts higher than 1 million euros and between... cards) fell modestly by 4 bps to 14.43 percent. The rate on loans to sole proprietors edged down 1 bp

    12%

  5. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    percent (from 1.8 percent previously). Investments are seen rebounding 4 percent in 2016 and markedly... conditions and EU funding. After a drop by 4 percent in 2016, exports are estimated to rise by 3.6

    12%

  6. Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of the total figure. Investments grew by 2 percent in H1 and are seen increasing by 3.3 and 4 percent... to a decrease, but the rate varies between 4 percent (EC) and 6.3 percent (MoF). Imports retreated at a slower

    12%

  7. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , which were voted in Parliament last May, that are projected to yield more than 4 billion in 2016-17... (439.6 million) 4) Increase in the VAT rate from 23 to 24 percent, implemented as of July 1, 2016

    12%

  8. Special ELSTAT report reveals dramatic changes in labour market since 1980s
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    employment fell to a 10-year low of 4 percent in 2001 and gradually rose to 6.1 percent until 2009. Since... than that for women (-6 percent). Men’s participation in the labour force dropped by 4 percent over

    12%

  9. Stable deposit rate in Jan, slight uptick in loan rate

    EconomyMacroeconomy

    in a rise in the weighted average rate on new loans by 4 bps to 4.86 percent in January. The slight uptick... successive month by 4 bps to 4.54 percent in January.

    12%

  10. ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reports indicating that the negative deposit flow has reached around 4 billion year to date... banking system to 6.8 billion in the August 2015–December 2016 period. In case outflows of almost 4

    12%